The Invesco Variable Rate Preferred ETF (VRP) provides exposure to a diversified portfolio of U.S. dollar-denominated floating rate preferred securities. It is designed to offer investors income potential with reduced interest rate risk, making it a popular choice for those seeking yield in a rising rate environment. The ETF is widely tracked for its focus on preferred stocks, which typically offer higher dividends than common stocks.
1 member of Congress has disclosed 1 trade in Invesco Variable Rate Preferred ETF (VRP), a Financial Services company. The buy/sell breakdown shows 1 purchase versus 0 sales, indicating net buying interest from lawmakers. All data is sourced from STOCK Act periodic transaction reports filed with Congress.
| Date | Politician | Type | Amount |
|---|---|---|---|
| 2022-02-11 | STEVE COHEN | buy | $50K – $100K |